Despite concerns regarding the Ethereum Foundation and its recent underperformance relative to other cryptocurrencies, data indicates significant whale activity, with holders of over 1,000 ETH buying during the dip. This accumulation by large investors could be interpreted as one of the most bullish signals in recent years for Ethereum. Amidst polarising price actions about XRP, SOL, and BTC, this presents a notable opportunity for those considering investing in ETH for potentially significant long-term gains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.